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economy – Progress in Research

Meta chooses Politecnico di Milano to carry out study on metaverse

Meta has chosen the Politecnico di Milano to carry out an independent academic study on the risks and opportunities of the metaverse, as part of a project that involves Meta investing $2.5 million in Europe. In fact, thanks to the XR Programs and Research Fund, academics from seven European countries, including Italy, will examine how metaverse technologies will interface on issues such as privacy, security, inclusion and the future of work.

It is estimated that the metaverse will lead to the creation of unprecedented assets, skills and professions, with a significant economic impact in global scenarios. However, the founding elements and critical success factors, as well as the tangible implications on the economy and society, are yet to be fully understood. 
The study by the Politecnico di Milano wants to analyse the economic weight and social value of the metaverse, framing its emergence in a systemic perspective: its impact on individuals, society and the economy will be mapped using Italy as a practical case study.

Thanks to its immersiveness and spatial character, the metaverse will revolutionize the way people interact with content and with each other, by virtue of the reduction of cognitive loads linked to learning processes and the possibility of making any media experience more engaging. And it is precisely in this perspective that the importance of carrying out a systematic study of its effects to qualify opportunities and threats for industrial and social systems can be deduced; in particular, the scientific community can play a significant role in identifying the fields of application and their impact on the Italian and European economy

Giuliano Noci, scientific director of the study at the Politecnico di Milano together with Lucio Lamberti

says Giuliano Noci, scientific director (together with Lucio Lamberti) of the study at the Politecnico di Milano.

The metaverse will change the way people connect and businesses grow; it will lead to social experiences that bring us closer together than has been possible online to date. However, the technologies that will make up the metaverse will have to be inclusive and people will have to feel safe to be able to use them: since no company will own or manage it independently, collaboration and cooperation will be necessary.

The metaverse will be the result of a collective effort, which is why we believe it is essential to share our thoughts with authoritative third parties who can offer important food for thought. We could not be more proud to collaborate with the Politecnico di Milano, an academic institution that has been leading a privileged observatory on this issue for some time. We hope that their research can offer tangible elements to make the metaverse a social and economic opportunity on a global level

Angelo Mazzetti, Head of Institutional Affairs of Meta in Italy

ERC Consolidator Grants to Massimo Tavoni’s EUNICE project

The European Research Council (ERC), the European Union organization that rewards talented scholars engaged in innovative research, is funding EUNICE, a project led by Prof. Massimo Tavoni from the Politecnico di Milano. The research project was selected from among more than 2,000 proposals received by ERC.This is a great result for the Politecnico, considering that this year only 11.8% of the projects submitted have obtained funding. In addition to these two projects, to date, a total of 49 ERC grants have been awarded to researchers from the Politecnico di Milano.

Massimo Tavoni, Professor of Engineering for the Environment and the Territory, has been awarded the grant for EUNICE, which aspires to correct the errors of the ensembles of climate-energy-economy models that study climate stabilization, and to develop methods to validate and confirm the intuitions of the scenarios.

The objective of the project is therefore to develop an innovative and integrated approach to quantify, translate, and communicate in an effective and timely manner the main uncertainties associated with low-carbon pathways and scenarios that explore very distant futures, renewing the methodological and experimental bases of model-based climate assessments.

EUNICE is a project of great relevance also for other research areas: the approach and innovations developed by EUNICE can in fact also be applied to other high-risk environmental, social, and technological assessments.

Its unique combination of computational and behavioural science and public engagement will be an important mediation tool in debates on fundamental decisions for our society, increasing confidence in and recognition of the scientific method.

ERC Consolidator Grants are intended for researchers with at least 7 years of experience since obtaining their PhD and with a very promising scientific profile. These are scholars who aim to consolidate their independence in research, strengthening their research group and continuing to develop a career in Europe. Funding can reach €2 million per single project, for a maximum duration of 5 years.

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